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Upturn AI SWOT - About
IQ MacKay Municipal Insured ETF (MMIN)
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Upturn Advisory Summary
08/14/2025: MMIN (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit -4.38% | Avg. Invested days 29 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  2.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 08/14/2025 |
Key Highlights
Volume (30-day avg) - | Beta 1.19 | 52 Weeks Range 22.15 - 24.03 | Updated Date 06/29/2025 |
52 Weeks Range 22.15 - 24.03 | Updated Date 06/29/2025 |
Upturn AI SWOT
IQ MacKay Municipal Insured ETF
ETF Overview
Overview
The IQ MacKay Municipal Insured ETF (MUBI) seeks to provide current income exempt from federal income tax by investing in a diversified portfolio of investment-grade municipal bonds that are insured against default.
Reputation and Reliability
IndexIQ is known for its innovative ETF offerings and has a solid reputation within the industry. The reliability is tied to its ability to accurately track its index and manage the portfolio effectively.
Management Expertise
The management team at IndexIQ has considerable expertise in fixed income and ETF management, bringing years of experience in navigating the municipal bond market.
Investment Objective
Goal
To provide current income exempt from federal income tax.
Investment Approach and Strategy
Strategy: The ETF invests in a diversified portfolio of municipal bonds insured against default, aiming to provide tax-exempt income.
Composition Primarily invests in investment-grade municipal bonds. Holdings are generally diversified across states and municipalities.
Market Position
Market Share: Data not readily available for precise market share.
Total Net Assets (AUM): 146670000
Competitors
Key Competitors
- VTEB
- ITM
- HYMB
- SUB
Competitive Landscape
The municipal bond ETF market is competitive, with VTEB holding a significant market share. MUBI differentiates itself by focusing on insured municipal bonds. Advantages include reduced credit risk through insurance, but potentially lower yields compared to non-insured bonds. Disadvantages include the higher expense ratio and smaller assets under management.
Financial Performance
Historical Performance: Historical performance data can be sourced from financial websites (e.g., Yahoo Finance, Bloomberg) - needs live data feed for accurate values.
Benchmark Comparison: Performance should be compared against a relevant municipal bond index such as the S&P Municipal Bond Index.
Expense Ratio: 0.34
Liquidity
Average Trading Volume
The average trading volume for MUBI suggests moderate liquidity.
Bid-Ask Spread
The bid-ask spread for MUBI indicates trading costs are generally low.
Market Dynamics
Market Environment Factors
Economic indicators such as interest rates, inflation, and tax policies significantly impact the municipal bond market and MUBI's performance.
Growth Trajectory
MUBI's growth is tied to investor demand for tax-exempt income and the attractiveness of municipal bonds relative to other fixed-income assets; changes to the composition and holdings will reflect market dynamics.
Moat and Competitive Advantages
Competitive Edge
MUBI's competitive edge lies in its focus on insured municipal bonds, offering investors reduced credit risk and increased safety. This insurance provides a level of protection against default, which can be particularly appealing in uncertain economic times. The ETF's strategy caters to investors seeking stable, tax-exempt income with lower risk compared to non-insured municipal bonds. This focus on insured bonds is a distinguishing feature, and helps attract risk averse investors.
Risk Analysis
Volatility
Historical volatility can be assessed using standard deviation of returns over different time periods. Data needs live feed.
Market Risk
Market risk is primarily related to changes in interest rates, credit spreads, and the overall economic environment. Specific risks include the creditworthiness of the insurance providers and potential legislative changes affecting the tax-exempt status of municipal bonds.
Investor Profile
Ideal Investor Profile
The ideal investor is a high-net-worth individual or retiree seeking tax-exempt income with reduced credit risk.
Market Risk
MUBI is best suited for long-term investors seeking stable, tax-advantaged income rather than short-term trading gains.
Summary
The IQ MacKay Municipal Insured ETF (MUBI) offers tax-exempt income through a diversified portfolio of insured municipal bonds, appealing to risk-averse investors seeking stable returns. It differentiates itself by focusing on insured bonds, which mitigate credit risk compared to non-insured alternatives. Its expense ratio is relatively higher compared to competitors and AUM is relatively low. The ETF is best suited for long-term investors looking for tax-advantaged income and lower credit risk, while its performance is dependent on interest rates and economic conditions.
Peer Comparison
Sources and Disclaimers
Data Sources:
- IndexIQ Website
- ETF.com
- Morningstar
- Yahoo Finance
Disclaimers:
This analysis is for informational purposes only and does not constitute financial advice. Investors should conduct their own research and consult with a qualified financial advisor before making any investment decisions. Market data is dynamic and subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About IQ MacKay Municipal Insured ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund, under normal circumstances, invests at least 80% of its assets (net assets plus borrowings for investment purposes) in: (i) debt securities whose interest is, in the opinion of bond counsel for the issuer at the time of issuance, exempt from federal Income tax (Municipal Bonds); and (ii) debt securities covered by an insurance policy guaranteeing the payment of principal and interest.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.